Seek First Foundation
- Assets
- $607.0k
- Revenue
- $242.1k
- Investments
- $329.6k
- Employees
- 0
- Location
- Fort Worth, TX
- Founding
- 02/2010
- Data as of
- 12/2021
- EIN
- 94-3458996
Organization Overview
Seek First Foundation is located in Fort Worth, TX. The organization was established in 2010. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Seek First Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Seek First Foundation generated $242.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.1% each year . All expenses for the organization totaled $480.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Seek First Foundation has awarded 36 individual grants totaling $1,417,795. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $106,000 |
| Interest on Savings | $2,890 |
| Dividends & Interest | $8,821 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $124,398 |
| Capital Gain Net Income | $124,398 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $242,109 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $900 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,250 |
| Contributions, gifts, grants paid | $479,100 |
| Total expenses and disbursements | $480,350 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $53,808 |
| Savings and temporary cash investments | $223,613 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $607,034 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Seek First Foundation has awarded $479,100 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
KEY CENTER FOR LEARNING DIFFERENCES PURPOSE: $300,000 FOR THE CAPITAL CAMPAIGN FOR THE DR. RICHARDSON CAMPUS CONSTRUCTION. $100,000 TO BUILD THE PLAYGROUND. | $400,000 |
Fort Worth, TX PURPOSE: OPERATING FUNDS | $65,500 |
ACADEMY 4 PURPOSE: OPERATING FUNDS | $10,000 |
Arlington, TX PURPOSE: GENERAL FUND | $2,500 |
Conway, AR PURPOSE: SCHOLARSHIP | $700 |
VARIOUS CASH CONTRIBUTIONS TO 501C3 PURPOSE: OPERATING FUND | $400 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Neighbors In Need Of Services Inc Rio Hondo, TX | $6,239,022 | $33,672,509 |
Child Inc Austin, TX | $5,389,599 | $17,643,504 |
Southwest Christian School Inc Fort Worth, TX | $45,808,415 | $19,471,207 |
Southwest Louisiana Charter Academy Foundation Inc Lake Charles, LA | $44,512,602 | $16,859,571 |
Trinity School Of Midland Texas Midland, TX | $27,961,554 | $15,122,842 |
Dallas International School Dallas, TX | $26,054,966 | $13,430,563 |
Tulsa Christian Education Corporation Tulsa, OK | $13,603,997 | $12,564,074 |
Fort Worth Christian School Inc North Richland Hills, TX | $26,990,918 | $13,008,195 |
D Arbonne Woods Charter School Inc Farmerville, LA | $29,772,897 | $12,075,907 |
The New School Fayetteville, AR | $39,755,955 | $6,395,577 |
Success Preparatory Academy New Orleans, LA | $2,439,777 | $7,661,479 |
The Fay School Houston, TX | $22,159,376 | $8,809,137 |